Below is an updated look at the performance of the S&P 500 by weekday so far this year. The numbers shown highlight how you’d be doing this year if you only owned the S&P 500 on each weekday.
Tuesday tops all other days on the upside while Thursday stands out on the downside. If you only owned the S&P on Tuesdays this year, you’d be sitting on a gain of 16.5%. If you only owned on Thursdays, however, you’d be down 15.3%.
Wednesdays and Mondays have both returned slightly positive numbers, while Fridays are just barely in the red at -0.7%. As you can see in the chart, Mondays, Wednesdays, and Fridays have been creeping higher and higher over the past few months, while Tuesdays have actually been somewhat flat since seeing a big jump earlier in the year. Thursday is the one weekday that continues to see weakness as we get set for the fourth quarter. Click here to view Bespoke’s premium membership options for our best research available.